In China, the authorities continue to ease economic policy amid slowing housing/construction and, not least, Donald Trump threatening to impose further US tariffs on Chinese exports, notes the research team at Danske Bank. Key Quotes “Yesterday, the Chinese central bank injected USD74bn into the banking system – the largest ever using its ‘Medium-term Lending Facility’ – and later the government announced new fiscal measures as fiscal policy is becoming ‘more proactive’ and flexible to ‘external uncertainties’. Easier monetary policy has, in our view, been the key driver behind CNY weakness.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD poised to navigate in the 1.1640/1.1850 range – UOB Group FX Street 5 years In China, the authorities continue to ease economic policy amid slowing housing/construction and, not least, Donald Trump threatening to impose further US tariffs on Chinese exports, notes the research team at Danske Bank. Key Quotes "Yesterday, the Chinese central bank injected USD74bn into the banking system - the largest ever using its 'Medium-term Lending Facility' - and later the government announced new fiscal measures as fiscal policy is becoming 'more proactive' and flexible to 'external uncertainties'. Easier monetary policy has, in our view, been the key driver behind CNY weakness." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
